Consolidated Cash Flow Statement - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Operating Activities
Net income	$ 1,115	$ 1,138
Depreciation and amortization	358	349
Stock-based compensation	50	45
Deferred income taxes	(34)	3
Equity companies' earnings in excess of dividends paid	(22)	(30)
Operating working capital	(191)	(48)
Postretirement benefits	(8)	(4)
Adjustments relaed to Venezuelan operations	0	(11)
Other	(7)	(29)
Cash Provided by Operations	1,261	1,413
Investing Activities
Capital spending	(386)	(397)
Proceeds from sales of investments	0	28
Investments in time deposits	(61)	(73)
Maturities of time deposits	70	42
Other	(10)	16
Cash Used for Investing	(387)	(384)
Financing Activities
Cash dividends paid	(674)	(650)
Change in short-term debt	114	(322)
Debt proceeds	344	796
Debt repayments	(12)	(591)
Proceeds from exercise of stock options	107	58
Acquisitions of common stock for the treasury	(597)	(293)
Other	(46)	(1)
Cash Used for Financing	(764)	(1,003)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	18	11
Change in Cash and Cash Equivalents	128	37
Cash and Cash Equivalents - Beginning of Period	923	619
Cash and Cash Equivalents - End of Period	$ 1,051	$ 656